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vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, but there is no question the obama campa
>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their...
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>> what bf his commit to not raising taxes? >> i think what's been incredible at the close of this race with 29 days to go has been the room that finally the conservative base has allowed mitt romney to spurn them in a lot of ways because they just wanted the visceral enjoyment of seeing him win a debate against the president. that's more important to them and beating barack obama in a lot of ways is more important to a lot of base than ideology. now, i can't imagine mitt romney going to that extent as matt as said and saying -- >> and doing something sensible for the government and the country. we wouldn't do that. >> but i also couldn't put anything past him at this point. >> joy reid and matt miller, thank you both. next, the president on the road again, as mitt romney campaigns right now with an aircraft carrier in the background. so who has the upper hand today? stay with us. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm
>> what bf his commit to not raising taxes? >> i think what's been incredible at the close of this race with 29 days to go has been the room that finally the conservative base has allowed mitt romney to spurn them in a lot of ways because they just wanted the visceral enjoyment of seeing him win a debate against the president. that's more important to them and beating barack obama in a lot of ways is more important to a lot of base than ideology. now, i can't imagine mitt romney...
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in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't say, chris, which loopholes and which deductions. senator, i doubt seriously you would be if favor of doing away or cutting the home mortgage deduction for middle class americans. governor romney has not said what the plan is for paying for the $5 trillion in tax cuts just like he won't talk about what his tax returns have been or -- >> with all due reis spect, governor, first of all, governor romney made is clear in the debate and he was actually able to speak directly to the american people that he is not going to lower the burdening on up y
in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that...
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪ if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue andro
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless....
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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. >> that's how we cut taxes for middle class families and small businesses. that's how we cut a trillion dollars of spending that wasn't advancing that cause. >> here is the president's closing statement. and you can see at any point in there, we'll get a sense of how many people were agreeing, how many people were disagreeing. if people thought the president was spinning. or dodging a point. and you can see, put them side by side and look at the president's closing statement or governor romney's closing statement. let's hear a little bit from the governor now. >> i will not cut our commitment to our military. i will keep america strong. and get america's middle class working again. >> while the governor was making those statements, 164 reactions came in to us at wjla.com/react that they agreed with what the governor was saying. and also tell you that about the same time, 144 reactions were disagreeing with what governor romney said. so he actually got more likes during his close than the president. he also got more disagreement than the president did during
. >> that's how we cut taxes for middle class families and small businesses. that's how we cut a trillion dollars of spending that wasn't advancing that cause. >> here is the president's closing statement. and you can see at any point in there, we'll get a sense of how many people were agreeing, how many people were disagreeing. if people thought the president was spinning. or dodging a point. and you can see, put them side by side and look at the president's closing statement or...
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i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people out there. i love charleston. a lot of people -- rather charlotte because in charlotte you heard an entire political party speaking led by people like deval patrick, the governor of massachusetts, after you saw mr. mayor. i think it sounds better when it's a serenade than when it's a solo. what do you think about that? because the other guy has these terrible attack dogs out there, people like trump pitching the birerrism nonsense, sununu talking about being lazy. you got priebus and his nonsense about him being from europe and foreign and newt saying terrible things not to mention jack welch trying
i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people...
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then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up the deductions, rich people won't get a big tax break. that's the truth. if you go through the principles and think about it, how do you design a pro growth tax policy? you have to take down the race and get rid of deductions. the numbers can add up.
then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much...
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$5 trillion in tax cuts that he can't pay for? not if i've got anything to say about it. >>> plus, a tea party group accused of hovering and getting into faces is under fire. congressman cummings is demanding answers. he's here exclusively. >>> and live from new york, it's me, our friends at "snl" took on yours truly and the msnbc team. oh, yeah, i've got something to say about it. you're watching "politicsnation" on msnbc. >> it's a mile below the earth so for him, speaking to colorado was like being flown two miles into the air and having to give a speech in outer space. an intense burning sensation i woke up with this horrible rash on my right side. like somebody had set it on fire. and the doctor said, cindie, you have shingles. he said, you had chickenpox when you were a little girl... i said, yes, i did. i don't think anybody ever thinks they're going to get shingles. but it happened to me. for more of the inside story, visit shinglesinfo.com mom? who's mom? i'm the giants mascot. eat up! new jammin jerk chicken soup has tas
$5 trillion in tax cuts that he can't pay for? not if i've got anything to say about it. >>> plus, a tea party group accused of hovering and getting into faces is under fire. congressman cummings is demanding answers. he's here exclusively. >>> and live from new york, it's me, our friends at "snl" took on yours truly and the msnbc team. oh, yeah, i've got something to say about it. you're watching "politicsnation" on msnbc. >> it's a mile below the...
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overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of a generated media narrative that he is coming up with all sorts of new policies and new touching stories. this is, you know, what's great about last week is it's our opportunity to present an unfiltered mitt romney versus an unfiltered barack obama and the choice was houistorically. >> let's ask you then about specifically what the panelist talked about, the thing that a lot of analysts are watching is are the polls going to move in the swing states? it is early to tell. the jobs numbers may factor in to this. can mitt romney move the polls in a place like ohio? where before the
overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all just sort of...
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i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you did say he was fundamentally dishonest after debating him in the primaries. this is not a new attack against romney policy. >> no. and i think that the challenge for the obama people is pretty simple. the president of the united states had 90 minutes. now, if he had done his homework and actually prepared, if he had actually studied romney, why didn't he say it? why didn't he take romney head on? first of all, the charges on the tax cuts are plain wrong, and i think virtually every analyst has said and even your deputy campaign manager said the charges made are wrong. but forgetting tha
i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you...
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romney to own his record against the auto rescue and against the 47% and against showing his personal taxes. was there a reason obama didn't want 70 million people to know his best case? finally, rematch. will the town hall format of the next debate give barack obama a chance to show greater empathy. and will mitt romney be just as good when people ask the questions? hi, i'm chris matthews. welcome to the show. with us today, abc's sam donaldson, nbc's andrea mitchell, msnbc s.e. cupp and joe klein. the new jobs report gives the obama campaign a much-needed assist after the debacle wednesday night in denver. the debate's closing statements told the tale. the president was down and mitt romney was up. >> you know, four years ago we were going through a major crisis, and yet my faith and confidence in the american future is undiminished. >> it's an important election and i'm concerned about america. i'm concerned about the direction america has been taking over the last four years. what kind of america do you want to have for yourself and your children? chris: and the impact wednesday night c
romney to own his record against the auto rescue and against the 47% and against showing his personal taxes. was there a reason obama didn't want 70 million people to know his best case? finally, rematch. will the town hall format of the next debate give barack obama a chance to show greater empathy. and will mitt romney be just as good when people ask the questions? hi, i'm chris matthews. welcome to the show. with us today, abc's sam donaldson, nbc's andrea mitchell, msnbc s.e. cupp and joe...
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any kind, an income tax increase. if you're going to have any kind of a long-term deal, a long-term dif set deal, which is what everybody -- not everybody, but a lot of people on both sides who say this is what they want. if you're going to, it will include a tax component on the wealthy. >> if obama campaigns on that and wins and if democrats hold the senate and make gains in the house, that could ratchet up pressure on republicans to make some kind of deal. otherwise, you have the other thing. it's a myth that nothing is going to happen in the lame duck, because if they take democrat off and congress doesn't show up, a lot will happen. december 31st, the expiration of the bush tax cuts. they go away if nothing happens. something ahas to happen. >> i find it extremely rich to hear john boehner talking about we can't do anything because for almost four years the gop strategy of obstruction has been to keep anything from happening. anything that obama wants, anything he's interested in, we must stop that and keep it fr
any kind, an income tax increase. if you're going to have any kind of a long-term deal, a long-term dif set deal, which is what everybody -- not everybody, but a lot of people on both sides who say this is what they want. if you're going to, it will include a tax component on the wealthy. >> if obama campaigns on that and wins and if democrats hold the senate and make gains in the house, that could ratchet up pressure on republicans to make some kind of deal. otherwise, you have the other...
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i thought it was delaware, but where i come from, it's still sock in the gut, taxes, joe. and a couple of thoughts there. you know, there was a movie a few years ago, warren beatty, "bullworth." he was a politician that toll the unvarnished truth and spit it out. it was the funniest movie and you can't imagine anybody going and telling. joe biden is joe "bullworth" and he goes out there and says the middle class have been married for four years, yes, they have. and then he says that, you know, people are saying we're going to raise a trillion dollar in taxes, yes, we are. okay. we get it, thank you very much for your candor and your honesty. and pretty much doggone accurate and i think it's indicative of a fact that this is why i like joe biden. he says what the rest of us already know. even if he doesn't intend to do it. lau laugh, there's a video of candidate barack obama a version of a speech in 2007 when some of his controversial comments weren't made all that public. here is what he said then. >> when 9/11 happened in new york city, they waived the stafford act and sa
i thought it was delaware, but where i come from, it's still sock in the gut, taxes, joe. and a couple of thoughts there. you know, there was a movie a few years ago, warren beatty, "bullworth." he was a politician that toll the unvarnished truth and spit it out. it was the funniest movie and you can't imagine anybody going and telling. joe biden is joe "bullworth" and he goes out there and says the middle class have been married for four years, yes, they have. and then he...
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don't like the tax policy numbers, find your own. there is a lot of that going on. >> in fairness i think what mitt romney said is defensible in the sense that, in fact, we have seen millions of people drop out of the labor force. if they hadn't dropped out and they seem to have because -- some is anyonie i aging but a l find jobs. that's a fair thing to say. >> he's on stage alan west who on friday suggests this was part of leftist radicalism at work and part of the chicago machine manipulating labor statistics. >> indeed. then there are the crazy people. >> that speaks volumes. >> he probably didn't pick the appearance knowing what the jobs figures would be. i think it's fair to say the economy has been bachltd obama doesn't have much to do with it. th president can't do that much to control the economy. but four years ago obama got to run saying, they drove it into the ditch, i can drive it out. then it turns out he can't. now the next guy gets to say, i can drive it out. he also can't drive it out, but this is the ritual every fo
don't like the tax policy numbers, find your own. there is a lot of that going on. >> in fairness i think what mitt romney said is defensible in the sense that, in fact, we have seen millions of people drop out of the labor force. if they hadn't dropped out and they seem to have because -- some is anyonie i aging but a l find jobs. that's a fair thing to say. >> he's on stage alan west who on friday suggests this was part of leftist radicalism at work and part of the chicago machine...
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. >> are you going to make your tax returns available to the press? >> say again? >> are you going to make your tax returns for the past several years available to the press? >> i didn't hear you. >> apparently we are losing audio with arnold schwarzenegger in los angeles. arnold, thank you for your time. we appreciate it very much. let me switch over to -- >> now, governor, you actually heard just fine, didn't you, at that particular moment? >> not that i can remember. >> here's what you wrote about that exchange that we just played you with matt lauer. as he pressed me for specifics on how to bring back the california kple and when i would release my tax returns, i realized i was unable to answer. i finally had to resort to the grou groucho marx trick of, i'm sorry, i can't hear it. it was my lamest performance ever. >> maria was really mad at me. she said, you need to think about what you are going to say when you do those interviews. and i said you better believe it. there's a lot of things i have to learn now that i'm on the campaign trail. >> would you run fo
. >> are you going to make your tax returns available to the press? >> say again? >> are you going to make your tax returns for the past several years available to the press? >> i didn't hear you. >> apparently we are losing audio with arnold schwarzenegger in los angeles. arnold, thank you for your time. we appreciate it very much. let me switch over to -- >> now, governor, you actually heard just fine, didn't you, at that particular moment? >> not...
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>> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as investors view asset investments on an after-tax basis. they make those particular investments more attractive, and we saw this with respect to to t cool stocks. >> the average small business has 2.5 employees, the average is over 5. small businesses get a boom in that. >> i don't disagree with what you're saying but i focus on the tax policy. >> they'll go sky high if romney loses and skier higher because of obama care. >> that said, just to repeat, i disagree. >> all detriments to growth. >> detrim
>> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal...
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when he said he didn't propose 5 million in tax cuts he was dishonest. he said to 70 million americans i will repeal obama care but i will still be able to cover people with preexisting conditions. 10 minutes after the debate he sent someone in he really didn't mean that. he said i want more teachers. i love teachers. it was a few weeks ago he chastised the president saying we don't need more teachers we don't need more government. yes i would say he was dishonest? >> would you go so far as he lied? >> i am saying he was dishonest with his answers. you can take that however you want. >> the romney campaign issuing their own attacks on the performance. gillespie said romney delivered facts the president couldn't. >> the problem we have is the debate performance wasn't a matter of style it was a matter of substance. romney laid out a plan for turning this economy around and getting things moving again. he had a fact based critique of president obama's failed policies that the president was unable to respond to. and today and since then the obama campaign t
when he said he didn't propose 5 million in tax cuts he was dishonest. he said to 70 million americans i will repeal obama care but i will still be able to cover people with preexisting conditions. 10 minutes after the debate he sent someone in he really didn't mean that. he said i want more teachers. i love teachers. it was a few weeks ago he chastised the president saying we don't need more teachers we don't need more government. yes i would say he was dishonest? >> would you go so far...
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president obama blamed exxon mobil and they fired back at the president when he suggested changing the tax law to affect that company and it will come up in the v.p. debate and more down the stretch especially if prices are around $4 a gallon. >>eric: what do you think of the idea of relaxing the epa standards? the way i understand it, it is the california epa standard and keeping the national epa standard in place with the blending requirement. what do you think of that idea? >>guest: i'm not an energy expert but the politicians always have to be active in this situation you cannot just it is back and all the people in california, they are upset, they want something done. you can just say, we cannot do anything, it is up to the speculators and the markets. you have to try something. even though a last times when you do something, times it doesn't work. you have to be active whether you are a democrat or republican. you have to respond to the concerns. when you are spending this amount of money, $70 or $80 to fill up the tank, you have less money for food, less money for college tuition. >
president obama blamed exxon mobil and they fired back at the president when he suggested changing the tax law to affect that company and it will come up in the v.p. debate and more down the stretch especially if prices are around $4 a gallon. >>eric: what do you think of the idea of relaxing the epa standards? the way i understand it, it is the california epa standard and keeping the national epa standard in place with the blending requirement. what do you think of that idea?...
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according to an independent, non-partisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. the same organization says the plan from mitt romney and common sense conservatives is "not a tax hike on the middle class." want proof? read the non-partisan study for yourself at american.com. obama and his liberal allies? we can't afford four more years. i'm mitt romney and i approve this message. [ male announcer ] from our nation's networks... ♪ ...to our city streets... ♪ ...to skies around the world... ♪ ...northrop grumman's security solutions are invisibly at work, northrop grumman. >>> parents, students and teachers are working now trying to draw attention to an issue that we have seen turn tragic too many times. october is bullying awareness month. >> one community is trying change it. >> reporter: numerous bullying stories have surfaced in the last couple of weeks, and we have an update on one. an ohio community is coming together after a 10-year-old disabled girl's parents say she was mocked at the bus stop for the way she walked. hope has ce
according to an independent, non-partisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. the same organization says the plan from mitt romney and common sense conservatives is "not a tax hike on the middle class." want proof? read the non-partisan study for yourself at american.com. obama and his liberal allies? we can't afford four more years. i'm mitt romney and i approve this message. [ male announcer ] from our nation's networks... ♪ ...to...
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>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether that rate goes up or stays still or it if romney wins, comes down. >> corrects, correct. stuart: what do you tell them. >> uncertainly is killer in small business. stuart: they come to you for a solution and you don't have a solution. >> i don't. a lot of this is uncertainty. 3200 new regulations from the federal government last year and we're on course now close to over 5,000 this year, that's an unbelievable burden. stuart: okay, i've got obamacare, i've got taxes, uncertainty in both and number three? >> they're just afraid, afra
>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether...
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>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news flash for jerry brown, his state is broke. >> yes, it is. >> steve: so for them to extend these tax breaks, and it would be essentially a tax credit on your state taxes that the movie companies would enjoy, this is not the time to be giving rich guys big fat tax breaks. >> by the way, 12 other states which used to offer the same kind of tax breaks to movie companies, come make a movie in my state, they've withdrawn on limited those because they have run out of money. california has run out of money, but they say keep that gravy train
>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news...
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under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by all accounts called ineffective, only added to the debt. he has proposed various measures that have received no support. there was a budget for the united states of america where he had zero democratic votes in the house and senate. what policies? i disagree with the stimulus. i disagree with the various bailout. the other thing is policy. he has not really given a positive vision for america. mitt romney, often people say he has not given details in his plan. the fact of the matter is president obama has not given us a plan. host: william from portsmouth, ohio. good morning. caller: hello? host:
under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by...
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, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the best way, not with a couple of, you know, stock tips in congress. i like it ben they do the earmarks, where they buy something and then maybe check the former speaker, too. anyway, right? kimberly, thank you. appreciate it. >> thank you very much for having me. >> all right, see you. >>> oh, it's me. coming up, this morning's top stories set to foreboding music. the rails for the white house, both hitting the campaign trail. former governors face off in the issues and former hp boss carly fiorina, why she calls the board a serial dysfunction, and no
, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the...
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. >> reporter: to taxes. >> why is it if you take advantage of tax break and you're a corporation, you're a smart businessman, but if you take advantage of something to not be hungry, you're a moocher. >> reporter: and even foreign policy. >> it appears that the american foreign policy has been going to the middle east trying to buy friends. does that ever work? >> yeah. we can buy friends. i bought stewart. >> reporter: there are moments you'll never see in the presidential debate. >> you just begrudged. >> no, no, no. >> you've been begrudging all night. this is nothing but begrudging. >> his advice for the by partisan divide in congress. one major snafu of the night, some viewers had difficulty streaming the debate live. >> let me ask you this. >> reporter: there was so much demand it overloaded the servers. >> this whole idea is insanity. >> reporter: prompting tweets like this. your site is more broken than america. the rumble 2012 will soon be followed by the refund 2012. reena ninan, abc news, washington. >> well, hopefully they were able to raise a little bit of money because half
. >> reporter: to taxes. >> why is it if you take advantage of tax break and you're a corporation, you're a smart businessman, but if you take advantage of something to not be hungry, you're a moocher. >> reporter: and even foreign policy. >> it appears that the american foreign policy has been going to the middle east trying to buy friends. does that ever work? >> yeah. we can buy friends. i bought stewart. >> reporter: there are moments you'll never see in...
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. >> biden says we want to let the tax cut expire. see you are supposed to be satisfied that the increased tax payments from the rich go to government. that's supposed to make you happy. when i hear stuff like that it's like how can anybody has an iq over that of a pencil eraser. >> stephanie: wow. i think the vast majority of the american people think we shouldn't have tax cuts for the rich, right? >> yeah and limbaugh's complete inability to understand how joe biden might be reelected again, or barack obama, we see this over and over again, just cannot understand incomprehensible, because they have been listening to the rhetoric for the last couple of years. and here they are, three or four weeks away. so they can't figure it out, and that goes back to the jobs conspiracy, polling conspiracy digging up videos from five years ago. these are all dilutional break-downkind of ways. they are trying to understand what is happening. because they don't understand what is happening. they don't engage in american politics anymore, because the
. >> biden says we want to let the tax cut expire. see you are supposed to be satisfied that the increased tax payments from the rich go to government. that's supposed to make you happy. when i hear stuff like that it's like how can anybody has an iq over that of a pencil eraser. >> stephanie: wow. i think the vast majority of the american people think we shouldn't have tax cuts for the rich, right? >> yeah and limbaugh's complete inability to understand how joe biden might be...